Rent to own Homes in Monmouth, IL

Monmouth, IL is a great place for affordable rent-to-own homes! With a median household income of over $50,740 and a median rent of $580, the Monmouth, IL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Monmouth, IL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Monmouth, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 20 205 N MCKNIGHT ST
Rent To Own
 
Single Family Home
Alexis, IL 61412
3
2
1850 ft2
1940
Hot
1 of 8 152 S PLEASANT AVE
Rent To Own
 
Single Family Home
Galesburg, IL 61401
3
2
1408 ft2
1954
Hot
1 of 21 1257 W GROVE ST
Rent To Own
 
Single Family Home
Galesburg, IL 61401
2
1
936 ft2
1957
Hot
564 N PEARL ST
Rent To Own
 
Single Family Home
Galesburg, IL 61401
2
1
1080 ft2
1928
1 of 16 306 NE 3RD AVE
Rent To Own
 
Single Family Home
Aledo, IL 61231
3
2
2000 ft2
1920
1 of 18 105 W RAILROAD ST
Rent To Own
 
Single Family Home
Good Hope, IL 61438
3
2
1300 ft2
2000
Hot
1 of 21 709 E NORTH ST
Rent To Own
 
Single Family Home
Knoxville, IL 61448
3
2
1104 ft2
2006
Hot
1 of 30 912 FOX RD
Rent To Own
 
Single Family Home
Knoxville, IL 61448
4
5
4800 ft2
1971
1 of 12 106 S Scandia St
Rent To Own
 
Multifamily (2 - 4 Units)
Alpha, IL 61413
3
2
1498 ft2
1907
Hot
1 of 14 537 LAKE DR
Rent To Own
 
Single Family Home
Woodhull, IL 61490
3
3
1512 ft2
1978
1 of 12 3124 MAGNOLIA LN
Rent To Own
 
Townhouse/Condo
Burlington, IA 52601
3
3
3000 ft2
2017
Hot
512 WALNUT ST
Rent To Own
 
Single Family Home
Altona, IL 61414
3
2
1134 ft2
1970
1 of 5 523 CHURCH ST
Auction
 
Single Family Home
Cameron, IL 61423
4
1
2300 ft2
207 S SCOTT ST
Auction
 
Single Family Home
Alexis, IL 61412
3
1
1338 ft2
New
201 W ARTHUR ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Biggsville, IL 61418
3
2
2310 ft2
1867
1083 W NORTH ST
Auction
 
Single Family Home
Galesburg, IL 61401
3
2
1536 ft2
1915
1 of 5 911 PARKVIEW RD
Auction
 
Single Family Home
Galesburg, IL 61401
4
2
1102 ft2
1958
New
1385 CLARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Galesburg, IL 61401
1
1
680 ft2
1925
1660 N KELLOGG ST
Short Sale
 
Single Family Home
Galesburg, IL 61401
4
2
2024 ft2
1930
1 of 5 499 YATES ST
Auction
 
Single Family Home
Galesburg, IL 61401
3
1
1073 ft2
1906
2080 MCMASTERS AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Galesburg, IL 61401
3
1
1355 ft2
1955
310S DIVISION ST
REO Foreclosure
 
Single Family Home
Stronghurst, IL 61480
4
1
2430 ft2
1900
Hot
217 N 2ND AVE
REO Foreclosure
 
Single Family Home
New Windsor, IL 61465
2
2
1601 ft2
2003
1 of 5 217 S MILL ST
Auction
 
Single Family Home
Wataga, IL 61488
3
1
1152 ft2
1976
1 of 13 313 N 1ST ST
REO Foreclosure
 
Single Family Home
Alpha, IL 61413
3
1
1134 ft2
1907
New
19907 DMC HIGHWAY 99
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mediapolis, IA 52637
3
1
1800 ft2
1980
1 of 41 221 W KURLENE DR
Short Sale
 
Single Family Home
Macomb, IL 61455
4
2
2256 ft2
1967
New
119 PENNY LN
Auction
 
Single Family Home
Macomb, IL 61455
3
2
1040 ft2
1959
203 S MONROE ST
REO Foreclosure
 
Single Family Home
Macomb, IL 61455
2
2
504 ft2
1920
335 JAMESTOWN RD
Auction
 
Single Family Home
Macomb, IL 61455
3
3
624 ft2
1978
1 of 19 315 S MCARTHUR ST
REO Foreclosure
 
Single Family Home
Macomb, IL 61455
3
2
448 ft2
1920
603 W WOODBURY ST
REO Foreclosure
 
Single Family Home
Macomb, IL 61455
4
1
1092 ft2
1950
1 of 5 201 S G ST
Auction
 
Single Family Home
La Harpe, IL 61450
5
3
0 ft2
910 N 4TH ST
Auction
 
Townhouse/Condo
Burlington, IA 52601
4
2
2544 ft2
1920
724 S CAMPBELL ST
REO Foreclosure
 
Single Family Home
Macomb, IL 61455
2
1
915 ft2
1920
Hot
1 of 38 18411 206TH ST W
Short Sale
 
Single Family Home
Buffalo Prairie, IL 61237
4
2
1599 ft2
1900
1709 S MAIN ST
Auction
 
Single Family Home
Burlington, IA 52601
5
2
2264 ft2
1900
New
11921 DMC HIGHWAY 99
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Burlington, IA 52601
3
2
1344 ft2
1988
1105 N 8TH ST
REO Foreclosure
 
Single Family Home
Burlington, IA 52601
4
2
2132 ft2
1900
320 LEWIS ST
Auction
 
Single Family Home
Burlington, IA 52601
3
1
1550 ft2
1908
New
1 of 11 1312 N 9TH ST
Auction
 
Single Family Home
Burlington, IA 52601
3
1
1816 ft2
1900
1 of 37 1217 S 4TH ST
Auction
 
Single Family Home
Burlington, IA 52601
3
2
1402 ft2
1918
905 FRANKLIN ST
REO Foreclosure
 
Single Family Home
Burlington, IA 52601
4
2
1536 ft2
1920
New
519 SOUTH ST
Auction
 
Single Family Home
Burlington, IA 52601
2
1
832 ft2
1960
Map
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Neighborhoods in Monmouth, IL

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Popular Zip Codes in Monmouth, IL

61462 rent to own homes

Buying a Home in Monmouth, IL

Monmouth, IL is seeing rapid growth and Monmouth, IL's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Monmouth, IL is part of Warren county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Warren is 1.74% which is above the national average, which is 0.99%.

Median Home Price in Monmouth, IL

Median Rent in Monmouth, IL

Rent to own homes offer low monthly payments and flexible terms.